Definition
A rental fraud where scammers request post-dated checks for future rent, then cash them immediately or use the banking information for identity theft. It's why legitimate landlords now say 'no thanks' to your grandma's preferred payment method.
Example Usage
The property manager asked for six post-dated checks upfront—major red flag, I'm walking away from this rental.
Origin
Scam methodology that became prevalent in the 2000s as check fraud techniques evolved
Fun Fact
Post-dated checks have no legal protection; banks can legally cash them before the written date, making them a terrible idea even in legitimate transactions.
Source: Real estate fraud awareness terminology
Related Terms
Translate This Term
See “post-dated check scam” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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